Today we will analyze the stock DATAPHARM NETSYSTEM (DNY.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in DATAPHARM NETSYSTEM (DNY.MU)
1- Last bullish trend was from 0.03 $ (12/2/2009) to 0.07 $ (1/5/2010) a 0.04 $ move 2- The current bearish trend started from 0.07 $ at 1/5/2010 and is currently trading at 0.02 $.
3- DNY.MU current support level is at 0.02 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
4- DNY.MU current resistance level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
DATAPHARM NETSYSTEM (DNY.MU) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
DATAPHARM NETSYSTEM (DNY.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
DATAPHARM NETSYSTEM (DNY.MU) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.

Stock Trading Conclusion:
DATAPHARM NETSYSTEM (DNY.MU) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.030, 0.030, 0.032, 0.039, 0.045, 0.045, 0.050, 0.051, 0.055, 0.061, 0.070,.
Stock Support levels : 0.019,.